GBPUSD | Technical Overview
The price has stabilized below the pivot level at 1.3372, which maintains a bearish outlook for the pair.
As long as GBPUSD trades under this level, the market is expected to move toward 1.3295, and a break below this zone may extend the decline toward 1.3232.
A 4H candle close above 1.3410 is required to reverse the current structure and activate a bullish momentum toward 1.3445.
Today’s U.S. CPI release will significantly impact market direction and volatility.
Pivot Line: 1.3372
Support: 1.3295, 1.3232
Resistance: 1.3410, 1.3445
Timeframe: 4H
Bias: Bearish while below 1.3372
The price has stabilized below the pivot level at 1.3372, which maintains a bearish outlook for the pair.
As long as GBPUSD trades under this level, the market is expected to move toward 1.3295, and a break below this zone may extend the decline toward 1.3232.
A 4H candle close above 1.3410 is required to reverse the current structure and activate a bullish momentum toward 1.3445.
Today’s U.S. CPI release will significantly impact market direction and volatility.
Pivot Line: 1.3372
Support: 1.3295, 1.3232
Resistance: 1.3410, 1.3445
Timeframe: 4H
Bias: Bearish while below 1.3372
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.